Well Beach, you had to know that you were investing in a high risk/high reward (or loss) company when you invested. Some of these companies are scams while others are not. Either way you shouldn't be shocked.
Still doesn't justify Ray's lying. And yes I was shocked because he was a friend of a good friend and was in my home a few times.
If you think that management is a bunch of crooks, then you didn't do enough research.
See above answer.
Execs need some compensation for their efforts otherwise they won't stay.
There is a difference between "some compensation" and a quarter of a million dollars plus bonuses of equal amounts for a company that hasn't made a dime in over 10 YEARS.
One way to tell the charachter of people (or a company) without knowing them, is to see what company they keep. Notice that there are many new relationships with reputable companies being formed.
Anyone who bases their investment strategy by what companies a lying company mentions in their PRs, is in for a rude awakening.
Knocking the company will not bring back any money that you have lost. If you're smart you will either leave and be healed of your anger, or climb on board and do what you can to promote the company.
Promote the company? You mean cheerlead so that other poor unfortunate souls get suckered in? Wow. How decent of you.
Investing is miles from being mugged or robbed. The difference is that people choose to invest, where they don't choose to be robbed or mugged.
I didn't choose to be lied to my face and surely didn't choose to watch dozens and dozens of PR's go by over a decade mentioning "strategic alliances," "mergers", and a host of other nonsense that never happened.
Please think about what I said.
Corinne
I surely don't need investment advice from you.
AI
